EconomyIn Q3, gross earnings in Lithuania grew by 2.3%2013-11-23, 15:08Statistics Lithuania informs that in III quarter 2013 average gross monthly earnings in the whole economy (individual enterprises excluded) amounted to LTL 2305.3: in the public1 and private sectors – LTL 2409.7 and 2246.4 respectively. Changes in agriculture funding2013-11-22, 18:12During the current session of the European Parliament in Strasbourg, Members of the Parliament accepted amendments to the program of the Common Agricultural Policy (CAP) for 2014 - 2020. MEP Valdemar Tomaševski, the only member from Lithuania working in Agriculture and Rural Development Committee of the European Parliament, had a speech in the debate. SME Assembly: discussions on how to promote entrepreneurship in Europe2013-11-22, 11:53On 25–26 November, the 2013 SME Assembly will be organised by the Ministry of Economy of Lithuania and the European Commission. During the Assembly, the main focus will be directed towards the issues related to SME access to finance, improvement of business environment, responsible business, green economy, impact by digital technologies, smart regulation and reduction of administrative burdens on business. Double taxation eliminated between Lithuania and another 5 countries2013-11-21, 11:22Lithuania's Ministry of Finance proposes the Government to address to the President with a request to ratify five agreements on avoidance of double taxation and the prevention of fiscal evasion. Agreement between Council and the EP on EU Emissions trading system - right signal to fix carbon market2013-11-20, 12:0920 November 2013, Brussels. Today the Committee of Permanent Representatives (COREPER I) gave its consent to the agreement between the Lithuanian Council Presidency, the European Parliament and the Commission on Proposal for a Decision amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances. EU financial aid to help Bulgaria, Lithuania and Slovakia to complete the decommissioning of the Kozloduy, Ignalina and Bohunice nuclear power plants in the next EU budget period (2014-2020) was approved by MEPs on Tuesday. These power plants are "too dated and could not be cost-effectively upgraded to meet the minimum required safety standards" says rapporteur Giles Chichester (ECR, UK). Over the 1st–3rd quarter of 2013 the income of Vilnius International Airport (VIA) reached LTL 44 million, whereas the pre-tax profit was LTL 6.5 million, i.e. 8 times higher compared to the same period last year. Such a result was mostly due to the decrease in financial costs. Statement by chair of ECOFIN Rimantas Šadžius on the outcome of discussions on the Single Resolution Mechanism2013-11-17, 15:35The Presidency aim is an agreement acceptable to all, consistent with an objective to build a strong Banking Union, and within the deadline set by the European Council. Employment: Globalisation Adjustment Fund provided over €73.5 million to support 15 700 EU workers in 20122013-11-17, 12:40The European Globalisation Adjustment Fund (EGF) helped a total of 15 700 workers dismissed due to the economic crisis and the effects of globalisation find new job opportunities in 2012, according to a report adopted today by the European Commission. The EGF provided more than €73.5 million to assist workers in 11 Member States (Austria, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Romania, Spain and Sweden) matched by another €51.7 million from national resources. Europe's economy could be boosted by €275 billion if the EU successfully concludes all current free trade talks. It is now negotiating agreements with major economic players such as the US, Japan and India, which would open up these markets for European businesses. The EU's gross domestic product would then grow by 2.2%, the equivalent of adding a country the size of Austria to the economy. Find out all the facts in our infographic. |
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